US invests $19.7m to commercialise energy tech

The US Government has announced $19.7 million (£14.5m) in funding to help businesses commercialise “promising” energy technologies. It will support 54 projects across 12 National Laboratories, involving more than 30 […]

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By Priyanka Shrestha

Friday 15 September 2017

The US national labs have supported technologies such as EV batteries. Image: Shutterstock

The US Government has announced $19.7 million (£14.5m) in funding to help businesses commercialise “promising” energy technologies.

It will support 54 projects across 12 National Laboratories, involving more than 30 private sector partners.

The Department of Energy’s national labs have supported critical research and development technologies, such as electric vehicle batteries.

Energy Secretary Rick Perry said: “Accelerating the transition of energy technologies from the laboratory bench to the marketplace is an important component of increasing America’s economic prosperity and energy security.”